Hong Kong is responsible for 51,000 shelf companies registered in the tax haven of the British Virgin Islands. Photo: SCMPHong Kong is responsible for 51,000 shelf companies registered in the tax haven of the British Virgin Islands. Photo: SCMP
Hong Kong is responsible for 51,000 shelf companies registered in the tax haven of the British Virgin Islands. Photo: SCMP

Chinese dominate list of people and firms hiding money in tax havens, Panama Papers reveal

Hong Kong and mainland China account for nearly one in four individuals or parties globally who set up 366,000 shell companies listed in database

Topic |   Panama Papers
Hong Kong is responsible for 51,000 shelf companies registered in the tax haven of the British Virgin Islands. Photo: SCMPHong Kong is responsible for 51,000 shelf companies registered in the tax haven of the British Virgin Islands. Photo: SCMP
Hong Kong is responsible for 51,000 shelf companies registered in the tax haven of the British Virgin Islands. Photo: SCMP
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